- Completely renovated Building across the street from Tower Grove Park.
- The building was renovated a little over a year ago.
- With updated plumbing and electric and the following washer/dryer in units.
- The units feature hardwood floors throughout.
- A bright white eat-in kitchen with brand new stainless steel refrigerator, range, microwave, dishwasher, and white shaker cabinets with custom granite countertops.
- In addition to an updated bathroom with fresh white tile and new modern vanity.
- Brand new refinished hardwood floors.
- The buildings consist of 2- 3 bedroom 1 bathroom units and 2 – 4 bedroom 1 bathroom units.
- The current gross income is $6,519 a month.
- 4 car parking in the rear.
- All units have central HVAC.
- This is a perfect building for a house hacker.
- Live in the 3-bedroom unit and rent out the additional 2 bedrooms in your unit.
- Add that rent with the other three units’ rent and you live for free.
- This amazing Building will not last long. call or text now to set up a showing!
- Very recent inspection available for review.
- There is a section of the property that still is using Knob & Tube copper wiring electrical.
- This is up to code and has been replaced in the kitchens, bathroom and living areas that have been remodeled in 2022.
- There are sections of Knob and Tube in the basement and running along the exterior walls.
- The city does not inspect this.
- Per our agent, 80% of the homes in the city also have some Knob & Tube so he does not feel it will impact resale values.
- Updated On:
- March 27, 2023
- 14 Bedrooms
- 4 Bathrooms
- 4,417.00 ft2
- Year Built: 1922
Property Id : 57648
Price: Asking $ 800,000
Property Size: 4,417.00 ft2
Property Lot Size: 4,417.00 ft2
Rooms: 26
Bedrooms: 14
Bathrooms: 4
Year Built: 1922
External Construction: Brick
Rent (mo): 7200
ROI (ann): 25.9
Cashflow (mo): 1168
Property Taxes (mo): 400
Insurance (mo): 300
Repairs (mo): 400
Management Fee (mo): 540
Leasing Fee (ann): 225
HOA (mo): 350
Vacancy Rate (ann): 4
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